The market is apparently awaiting the coming of a wave of sharp volatility, said crypto analyst Daan Crypto Trades on X. Bitcoin (BTC) is trading within a consolidation range on the BTC/USD 4-hour chart, hovering around its monthly high of $105,000. This signals the flagship token is currently facing pressure to the downside. According to statistics, BTC is likely to see a further fluctuation this week and especially this month, the analyst underscored.
Analyst anticipates BTC to see intensified volatility
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